This article discusses the benefits of passive investing, particularly through indexing and dollar cost averaging (DCA). It highlights how a consistent DCA strategy allows investors to mitigate emotional decisions and remain focused on long-term growth. With market volatility, influenced by political and economic factors, the piece emphasizes that rather than trying to time the market, investors should adopt a systematic approach. Notably, ETFs like Vanguard's VTI and Schwab's SCHD are recommended for those looking to maintain or increase their investments during downturns. Ultimately, consistency is key for long-term success.
A simple, passive investment strategy is good enough to do incredibly well in the investing world over the long haul, emphasizing the effectiveness of dollar cost averaging.
It's impossible to time the market bottom; instead, one should incorporate a more systematic approach to investing, particularly during market downturns.
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